Financial Aid Updates
SCAM ALERT
Financial Aid Updates
This webpage will provide the latest updates on Financial Aid processing for the current academic year. This page will provide general information; information about specific accounts will be found in the financial aid portal.
Note: A “Paid” status in the Financial Aid Portal indicates financial aid is in final processing. Posting to a student account or release of a refund may occur on a different day as processing continues across systems.
For additional updates after a “Paid” status appears in the Financial Aid Portal, review BankMobile within 3–5 business days, as applicable. Refund timing follows required processing steps and cannot be expedited.
Spring 2026
See below for critical financial aid dates in the Spring term. View your schedule in eSantaFe to see your tuition and fee balance. If not fully deferred by your available financial aid awards, you must pay the remaining balance or your coursework will be dropped on the Fees Due date. If your schedule shows a $0.00 balance, then your coursework is secured for the term.
If your FAFSA was processed after December 31st there is no guarantee financial aid will be in place to hold your classes. You must pay your balance due or consider enrolling in G-term if you have no fee deferment in place by January 14th.
Critical Financial Aid Dates:
| Event | Date and Time |
|---|---|
| Last day to drop/add courses for Spring parent term. | Wednesday, January 15th |
| Last day of book charging (Online orders submitted by 8 p.m.) | Wednesday, January 15th |
| Fees due for Spring parent term | Thursday, January 16 by 10 p.m. |
Most students have been awarded aid for the 2025–2026 year. If you don’t see award offers check:
- that you have selected the 2025-2026 award year.
- On the Financial Aid page within the portal, use the drop-down menu to select 2025–2026.
- for outstanding requirements.
- Items in the “Documents” section of the financial aid portal in eSantaFe require action. Completing these allows eligible awards to be posted, which then creates the deferment.
- course enrollment: Awards are based on actual Spring enrollment. If enrollment occurred within the last 48 hours, awards will post once data is processed, and the deferment will follow.
Students have until January 15th for fee payment. Deferments will hold class schedules for students who have completed all required financial aid processes and are eligible for awards. Keep the following in mind:
- Scholarships and Grants: No action is required for deferments based on scholarships or grants once awards are posted on the account, though deferments may take additional time to appear.
- Bright Futures Scholarships: Confirm Âé¶ą´«Ă˝Ół» is listed as the attending institution in the state scholarship account. If Bright Futures is the only award, there will be a balance due for fees it cannot cover. Be prepared to pay this by the fee payment deadline.
- Loans: Loan deferments require the loan offer to be accepted and all required loan documents completed, and may take additional time to appear after awards are posted.
- Outstanding Requirements: Items in the “Documents” section of the financial aid portal in eSantaFe require action. Completing these allows eligible awards to be posted, which then creates the deferment.
- Enrollment: Awards are based on actual enrollment. If enrollment occurred within the last 72 hours, awards will post once data is processed, and the deferment will follow.
To charge books against your aid a bookstore line of credit (BLOC) must be created. To be eligible for a BLOC a student must:
- Have financial aid awards that exceed their tuition and fee bill.
- Have completed the Book Charging Authorization. Go to eSantaFe > Finances > FA Authorizations
- Have completed all documents for loans to be available for book charging.
Not always. A “Paid” status in the Financial Aid Portal means financial aid has met the requirements to begin disbursement and is moving through final processing. It does not always mean funds have already posted to a student account or been released as a refund.
Disbursement occurs in stages, and posting or refund release may occur on a different day as processing continues across systems. The process requires specific steps and cannot be expedited. Timing may vary due to system processing, enrollment or account updates, banking timelines, or an outstanding item on the account. This timing difference is normal and does not indicate an error by itself.
The quickest, most effective way to check status is to review the Financial Aid Portal, student account, Documents section, and BankMobile for updates.
2024-2025 Award Year
Financial aid processing in the 2024-2025 award was delayed by a series of technical setbacks related to the integration of a new financial aid processing system. Many of the technical issues have been addressed and college staff are working diligently to ensure students receive all the aid they are eligible for. Processing is being supported by a manual effort to help ensure aid packages are complete and correct before being disbursed. While this requires more time, the College added additional support staff to support completing aid distribution.
Phishing scam is using financial aid language
Students and employees are asked to be vigilant when responding to email communications that might appear to be about financial aid.
The college will NEVER request important information by asking you to click on a link or attachment. Official Âé¶ą´«Ă˝Ół» instructions will always direct you to your existing password protected sign-ins such as eSantafe for students.
Âé¶ą´«Ă˝Ół» has received phishing attempts from scammers pretending to be financial aid or other official offices or personnel.
Examples of recent phishing subject lines have been: “Pending Allocation,” “Financial Aid Verification,” “SANTA FE COLLEGE Financial Aid,” “Verification/Financial Aid/BankMobile.” There might be others that are similar.
Colleges throughout the Florida College System are experiencing these same phishing scams. The College is able to block many scams emails and typically can delete them before they are opened. But it is still possible to emails with malicious intentions.
To learn more about phishing scams and how to protect yourself, visit: /its/faq/how-to-identify-a-phishing-email.html
Life Happens Emergency Aid Grant
The Âé¶ą´«Ă˝Ół»â€ŻLife Happens Emergency Aid Grant is available to assist currently enrolled students who are experiencing financial hardship.
Financial hardships considered by the committee include documented:
- Housing Issues
- Transportation Issues
- Medical Issues
- Fire or Natural Disaster
- Childcare
- Other (explain in narrative)
Documentation
To qualify, students must provide documentation of a financial hardship.
Documentation will vary by the situation and the request. However, students should provide any documentation that is relevant to the specific financial need and hardship. Examples include copies of bills/invoices/receipts or eviction notices, overdue payments, and notifications from childcare or healthcare providers.
Funding
Funds for the Life Happens Emergency Aid Grant are made available through the Âé¶ą´«Ă˝Ół» Foundation and the generous donations of individuals who care about the health and wellbeing of Âé¶ą´«Ă˝Ół» students.
The amount varies depending on the situation and documentation. The maximum grant amount is $1,000.
Disbursement
The Âé¶ą´«Ă˝Ół» Foundation will only write a check only to the third party that the student identifies, i.e., the car repair shop, landlord, etc. Neither the student nor the college qualify as third party.
Students will pick up the check to deliver to the listed third party.
This is a grant, not a loan. Therefore, students do not have to pay it back.
Have questions or need assistance?
The grant is overseen by College Ombuds Dr. Bea Awoniyi.  Contact her at bea.awoniyi@sfcollege.edu or by phone at 352-395-5513.
Frequently Asked Questions
Please remember that financial aid processing is ongoing. We encourage all students to regularly check their financial aid portals for updates.
This FAQ addresses the more common questions students are having currently.
While the college does not disburse funds directly for food, we invite you to visit the Saints Food Share Pantry, which is available to support students facing food insecurity.
Terminology
Terminology can vary by institutions. This is Âé¶ą´«Ă˝Ół»â€™s common terminology related to financial aid.
Clock hour programs (sometimes called contact hour programs) are vocational or technical programs where the student's progress is measured by the number of hours spent in class or in hands-on training, as opposed to credits earned. In a clock hour program, each hour of instruction is considered to be one "clock hour".
In Credit Hour Programs, a student’s progress is measured by the number of credits earned for the class.
Student’s financial aid payment has been released by the college to BankMobile and arrives in student’s bank accounts in 2-3 business days. Note: The total amount disbursed to BankMobile does not include funds that covered tuition, fees and books.
Emergency aid refers to grant funds that are awarded to students to meet immediate needs. These funds, which are awarded to students who are waiting for their aid to be processed, do not have to be paid back and do not have any impact on the pending financial aid award. Emergency aid may be used to cover housing, transportation, medical, and childcare expenses. Students can apply for emergency aid at sfcollege.edu/student-affairs/emergency-aid/#financial
Refers to any tuition, fees or other payments owed to the college.
An overaward is when certain factors cause the student to be presented with an aid package that has more awards than they are eligible to receive. An overpayment occurs when that award is disbursed. An overpayment also can occur when a student receives duplicate payments of the same award. In these cases, funds must be returned to the college, which in turn returns it to the funder.
Paid means the Financial Aid Office has verified eligibility for aid and has authorized the finance department to draw down funds that have been transferred to the College by the Department of Education. It does not mean that aid has been moved into student accounts, but that the process for disbursing aid has begun.
Student’s award has been processed through the Financial Aid system.
When a student receives more aid than is needed to cover tuition, fees, book charges and other charges, it is refunded to the student’s account. Funds are transferred to BankMobile, which transfers the funds into a student’s designated account. Once funds are received by BankMobile, it can take 1 to 3 days to be deposited into student’s account.
Students who withdraw complete from classes stop attending classes, or have all failing grades may have their aid revised and might be required to repay all or a portion of federal student aid received. This is known as Return to Title IV. The College is required to calculate how much of the semester a student did attend to determine how much of the aid was "earned." Students are required to pay back the portion of financial aid not earned.
The Title IV programs include: Federal Pell Grants, Direct Loans, Direct PLUS Loans and Federal Supplemental Educational Opportunity Grants (FSEOGs).